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Botswana

8 interesting facts about Botswana

1. Botswana gained independence on the 30 September 1966 making this year the 51st year of independence. 

2. In 2016 the United Nations Economic & Social Council nominated current president Ian Khama as the best president in the world. 

3. Diamonds were first discovered in Botswana in 1967, one year after gaining independence.

4. Today Botswana is one of the largest diamond producing countries in the world with the world’s richest diamond mine in Jwaneng.

5. Botswana has a high end, low impact tourism business model which important ensures the protection of the countries precious natural recourses while placing the tourism industry as one of the countries top income providers.

6. Botswana has maintained one of the world's highest economic growth rates since independence in 1966

7. Botswana transformed itself from one of the poorest countries in the world to a middle-income country with a per capita GDP of $17,700 in 2015

8. In October 2015 President Ian KHAMA announced a stimulus plan to boost the economy through projects in agricultural production, construction, manufacturing, and tourism development.

Botswana: Women Shaping Botswana's New Economy

Botswana is working hard to diversify its economy, which has historically been based on the production and sale of diamonds. The World Bank's Doing Business Report shows that the country has the highest new business density in Africa with 13.11 new businesses registered per 1 000 adults. Education and entrepreneurship are key drivers of this growth, playing an integral part in reducing Botswana's 29.4 percent youth unemployment rate - and women are at the leading edge.

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Africa Focus: Women entrepreneurs are driving growth in Botswana

Mastercard’s Index of Women Entrepreneurship (MIWE) revealed that 34.6% of businesses in Botswana are owned by women, making it one of the top-performing countries highlighted in this global index. We talk to two businesswomen in Botswana about their success. Following the release of Mastercard’s Index of Women’s Entrepreneurship (MIWE) in March 2017, it was revealed that 34.8% and 34.6% of businesses in Uganda and Botswana respectively, are owned by women – making them the top two performing countries in the world highlighted in the index. Uganda and Botswana managed to oust 54 other global counterparts like New Zealand (33.6%), Russia (32.6%), China (30.9%), Spain (30.8%) and United States (30.7%). The 2017 MIWE based its findings on women’s advancement outcomes, access to knowledge and financial services and supporting entrepreneurial factors.

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Bandile Mooka, a Botswana entrepreneur turning her passion for floral decor and art into a business

Many busineses start out as a result of a passion or a personal interest. In the case of Botswana entrepreneur Bandile Mooka, founder of specialist events solution and decor business, Niyacraft, that passion stemmed from the world of art and design.

What does your company do?

Niyacraft is an A-Z events solution business, and our range of services include:

  • Unique Floral Designs
  • Décor and Contemporary Art pieces for corporate developments, hospitality and various institutions, including on-site consultation, delivery and installations
  • Beverage solutions for the Retail and Hospitality industry. We supply thousands of beverages from many suppliers from around the world, but predominantly from South Africa. These include wines, craft spirits, craft beers, mixers, syrups and water. We have approximately 35 core brand partners for whom we sell a lot of wine, and hence we can offer some of the best prices out there for our customers.

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